Lekoil (AIM: LEK) announces that, further to the announcement on 28 October 2015, it has posted a circular to shareholders (the “Circular”) and forms of proxy and instruction (the “Forms”) in relation to the extraordinary general meeting (“EGM”) of the Company.

The Circular contains notice of the EGM, which will be held at 10:00am on 16 November 2015 at the offices of Norton Rose Fulbright LLP, 3 More London Riverside, London SE1 2AQ.

AGR TRACS International Ltd has compiled an Addendum to the Competent Persons Report on the Otakikpo Marginal Field to provide an update on the attributable reserves and resources estimates net to Lekoil Limited.

Firm Placing of 21,667,000 new Ordinary Shares and Proposed Placing of a further 91,615,000 new Ordinary Shares at 55 pence per share. Authority to allot shares, disapplication of pre-emption rights and Notice of Extraordinary General Meeting.

Firm Placing of 18,252,000 new Ordinary Shares and Proposed Placing of a further 15,598,000 new Ordinary Shares at 39 pence per share. Authority to allot shares, disapplication of pre-emption rights and Notice of Extraordinary General Meeting